"I'm pleased to announce that I will be signing an Executive Order to reschedule marijuana from a Schedule I to a Schedule III controlled substance with legitimate medical uses, the president said. The action allows for a pilot program that reimburses Medicare patients for products containing CBD, a widely used cannabis-derived compound that does not produce a high. Under the order, marijuana would be shifted from Schedule I, a category that includes heroin, to Schedule III, which also includes ketamine."
"The move, however, would not legalize marijuana as some states have done, and would not change how law enforcement handles marijuana-related arrests, according to senior administration officials who spoke to the New York Times. Placing marijuana in Schedule III would align it with certain prescription pain medications, while keeping recreational use illegal at the federal level. The change would still need to go through the Drug Enforcement Administration's (DEA) formal rule-making process."
President Donald Trump signed an executive order to reschedule marijuana from Schedule I to Schedule III, recognizing legitimate medical uses. The order enables a pilot program to reimburse Medicare patients for CBD products and would align marijuana with substances like ketamine and certain prescription pain medications. The change would not legalize recreational marijuana at the federal level and would not alter how law enforcement handles marijuana-related arrests. The reclassification must proceed through the Drug Enforcement Administration's formal rule-making process. Rescheduling could ease research, reduce federal tax penalties for legal cannabis businesses, and improve access to banking services.
Read at www.theguardian.com
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